Kashf Foundation Announces TFC Issue

Karachi: Kashf Foundation has issued a Term Finance Certificate, represented by the symbol KFTFC1. With a market lot of 1 and a face value of Rs. 1,000,000, this TFC runs for 4 years. Its profit rate is set at 3M KIBOR + 2.25%. The total issue size is...

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K-Electric Introduces 7-Year Sukuk

Karachi: K-Electric Limited has introduced its Sukuk, labeled KELSC5, with a face value of 5,000 and a tenor of 7 years. The profit rate is determined by the 3M KIBOR plus 1.7%. The company has reported a total issue size of Rs. 25,000,000,000 with an...

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